Which of the following would a bank generally classify as a long-term investment?
A) Treasury bill
B) Vault cash
C) Cash items in process of collection
D) Municipal bond
E) Repurchase agreements

Question

Quizplus · Accepted Answer

Municipal bonds are a form of debt security with maturities greater than one year, making them a long-term investment for a bank. Treasury bills, cash items in process of collection, vault cash, and repurchase agreements have shorter maturities and are not considered long-term investments.

Which of the Following Would a Bank Generally Classify as a Long-Term